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DLA Piper

CFPB Issues New Rule Addressing Supervision of Nonbank Payment Providers

DLA Piper on

The Consumer Financial Protection Bureau (CFPB) has issued a new rule addressing its supervision of large nonbank companies offering US consumers certain digital funds transfer services and payment wallets and apps....more

Ballard Spahr LLP

Federal Reserve seeks comment on actions to support development of faster payments

Ballard Spahr LLP on

Earlier this month, the Federal Reserve invited comment on actions it can take “to promote ubiquitous, safe, and efficient faster payments in the United States by facilitating real-time interbank settlement of faster...more

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